Bifrost supports the Logion Polkadot Crowdloan! ⚖️ https://twitter.com/logion_network
Through Bifrost's #SALP, users can contribute directly to the crowdloan and receive +80 $LGNT and $vsDOT, that can be redeemed for liquidity if required.💧
To contribute to the crowdloan, check:
http://bifrost.app/vcrowdloan?network=polkadot
From our Interlay frens 👇🏼
vDOT Vaults are now live on Interlay! 🚀
A big step towards scaling the Trustless iBTC bridge via Liquid staking. 🌊✨
Vaults can now use vDOT as collateral to secure the Interlay bridge. 🤝
A win-win for all. ✅
https://twitter.com/InterlayHQ/status/1710299059406168242
1.5 MILLION! 🎉
This is the amount of $vDOT currently minted on Bifrost.
🔸~23% of Composed APY
🔸Unstaking Period ≤ 28 Days
🔸Cross-chain Integrations with Moonbeam, HydraDX, Interlay, Astar, and more.
🌈 Check http://bifrost.app to learn about #LST
🌈 Bifrost September Report is Out!
Check the latest milestone of $vDOT Minting Volume, and the most juicy tech-updates of our protocol, from the Governance updates to the new #SLPx Pallet set to be live, next month.
Read the full report: https://bifrost-finance.medium.com/monthly-report-total-dot-staking-volume-increases-as-the-new-pallet-is-expected-to-be-live-soon-912aedf1d6a9?source=social.tw
⚙️ Gear up for Today's AMA...
ND LABS & OpenGate with Bifrost's team, Tyrone and other OGs of the #FVM Ecosystem!
Can't miss that. 👀
https://twitter.com/imNDLABS/status/1706587653955875015
Bifrost's Head of Product, Tyrone, was on Stage at the Polkadot #Sub0 event, last week, to present the new Pallet that Bifrost has been working on: the SLPx!
Its goal is to increase the penetration of #LST assets into the Polkadot ecosystem via #XCM, quickly and efficiently.
The SLPx pallet, and the DApp based on it, aim to bring users closer to the protocol, allowing Liquid Staking in the blink of an eye, reducing the steps required for minting vTokens.💧
Follow the full presentation, here: https://youtube.com/watch?v=1T9GSJTutqk
🔸 What could be the most interesting use-cases for tokens such as $vGLMR, $vDOT, or $vBNC?
🔸 What could be the next vToken we can integrate into the new DApp, powered by #SLPx?
🔸 Would you consider Liquid Staking an alternative to the on-chain staking, as is the case of Ethereum?
Let's discuss your views in the comments.
🗳 It's Gov Time!
Bifrost x Kusama Runtime v0.9.82 Upgrade
🔹$vKSM Support #OpenGov Voting 👀
🔹OpenGov conviction voting $BNC lock-up time
🔹Increase proposal $BNC decision deposit
🔹Use $BNC or any token to pay cross-chain fees
Cast your vote:
https://bifrost-kusama.subsquare.io/referenda/15
Soon, $DOT invested in the first round of Polkadot Crowdloans, will be released. The debate on what to do next, is growing... 🤔
Does minting $vDOT on http://bifrost.app, in a Secure and Decentralised way, sound like an option?
Here are 5 reasons to consider it. 🧵
Threads: https://twitter.com/BifrostFinance/status/1703738158871908760
This is the final countdown for the Polkapals campaign !
The campaign is ending in 2 days ⏳
Make sure you fulfilled the Bifrost one 🌈
You just need to taste/test vToken minting 👇🏼
https://airlyft.one/bifrost-finance/polkapals-campaign
Direct link to liquid staking 💧: bifrost.app/vstaking
You even have a faucet🚰 for both networks on the main Bifrost questboard:
https://airlyft.one/bifrost-finance
All Polkapals campaigns 📚
https://airlyft.one/polkapals/polkapals-quest-ii
Bifrost at Token2049 🇸🇬
Mix of Day1 (night) and Day2 (today) at the Polkadot place P69-P70.
Feel free to come and say hello at the Bifrost 🌈 booth.
https://week.token2049.com/
vDOT is now Tradable on the HydraDX Omnipool!💧
Thanks to the XCM interoperability, HydraDX Treasury has minted vDOT staking a total of 🐍🐍,🐍🐍🐍 (22,222) DOT.
Listing vDOT in the Omnipool, creates a more effective market for the asset, enhancing new use-cases and expanding its outreach !
Governance update 🔊
We released an OpenGov article that explains briefly the changes between Gov1 and OpenGov 👉🏼Medium article or Polkaverse article
Bifrost-Kusama
SLP Boost Validator List proposal - Cryptofisher Node
> Result 🙅. https://bifrost-kusama.subsquare.io/referenda/8
😒 Discussion: SLP Validator Boost list Proposal - Merkletribe [Update]
https://bifrost-kusama.subsquare.io/posts/39
Bifrost-Polkadot
🔥 Referendum: LuckyFriday: Validator Boost Proposal > Rem. 27d
https://bifrost-polkadot.subsquare.io/democracy/referenda/66
Accept and Request HRMP channel request to Polkadex (paraid 2040)
> Result 👍. Enacted: https://bifrost-polkadot.subsquare.io/democracy/referenda/65
External Gov - HydraDX
#93 Redistribute HDX crowdloan rewards (Bifrost)
> Result 👍. https://hydradx.subsquare.io/democracy/referenda/63
🔥 HydraDX motion: #96 Mint vDOT directly from HydraDX using XCM
https://hydradx.subsquare.io/council/motions/96
Polkadot proposals for community support:
🔥 Referendum: #140 Polkadot Parachain Assets Onramp Bounty Program -> Bifrost is one of the 20 parachains 👍
https://polkadot.polkassembly.io/referenda/140
😒Discussion: #1889 Polkadot Sponsorship @Token 2049, Singapore on September 13th - 14th 2023 -> Bifrost will be there 👍
https://polkadot.polkassembly.io/post/1889
🔥 Referendum: #125 Nova Spektr Milestone 3 Proposal -> our Nova Friends 👍
https://polkadot.polkassembly.io/referenda/125 (Passing)
🔥 Referendum: #120 Multix - Further development & Cypress Dapp testing plugin -> Multix supports Bifrost-Polkadot network 👍
https://polkadot.polkassembly.io/referenda/120 (Passing)
#102 Polytope Labs: ISMP Research & Development
> Result 🙅. https://polkadot.polkassembly.io/referenda/102
🔥 Referendum: #128 Allocate DOT Loan for Use Amongst X-Ecosystem DeFi within the Cosmos Ecosystem > Composable team bringing DOT use cases on Cosmos 👍
https://polkadot.polkassembly.io/referenda/128 (Not passing)
Give a vote whenever you can, governance is an important subject that shouldn't be under-estimated 🙏
Countdown 18 hours! ⏳
With the market in such a state, come and participate in the raindrop airdrop on May 16 at 10am, UTC+8! In the first round, KAR will be available for raindrop holders.
The more 💧, the more rewards! Get 💧at http://bifrost.app/dashboard/boost
⚒ Staking during a market downturn, do you find the redemption period too long when unstake? Low yield? No liquidity?
🔥 This video will show you how liquid $vKSM can be flexible to redeem your original staking tokens and rewards.
https://twitter.com/bifrost_finance/status/1524966440914145281
🙌🏻 It’s the hard days for the current market down. Pump and dump always in cycles.
✅ Time to #staking and #farming now at http://bifrost.app/farming
Hello 👋🏼
Welcome into the Omni Liquid Staking era...
Subscribe to the new @OmniLST account 👇🏼
https://twitter.com/OmniLST/status/1710607170465828899
The Great Escape Bifrost Tournament is LIVE! 🌈 x 🐵
🐒 Follow https://twitter.com/PlayTGE
📨 Connect your wallet
🔒 Create your password
⚔️ Climb the Leaderboard
🏆 Collect $GLMR rewards
➡️ To register: https://playtge.com/BiFrost
To celebrate the upcoming launch of the Omni LS DApp (#SLPx), our @glimmerapes frens will host a Bifrost tournament 🏆🌈
Register now to get a customized Gibbon 🐒 character with special abilities.
The tournament is free, gas-less, chain agnostic and will come with juicy rewards 🤪
To register:
➡️ playtge.com/BiFrost
https://twitter.com/PlayTGE/status/1708556335275753492
This year Bifrost will fly to Turkey! 🇹🇷
We are proud to announce we are sponsor of the #StakingSummit, powered by #StakingRewards, hosted in Istanbul on November 10-11.
Join the summit to discover the latest trends within the #PoS ecosystems and learn more about our #SLPx! 🌈
You Ask, We Deliver.
Liquid Stake your Tokens seamlessly from any chain, with a simple click.
OmniLS DApp is coming, powered by Bifrost #SLPx.
Get ready... 🚀
🚨 Official Statement
Questions were raised here & there after Darwinia's gov incident.
👉🏼 Bifrost Finance Council is not accepting any application and it is currently closed. ❌
Governance V1 (Council, Technical Committee,...) will be replaced by the OpenGov, in the next runtime version.⏳
We will issue an announcement, following its release.
https://twitter.com/BifrostFinance/status/1706254839892615632?t=K9rr2NWaWJ8A3oqbh3WZSA&s=19
🚀 We released yesterday the Stable Swap function on the Bifrost-Kusama network !
This function will increase the efficiency of vToken/Token swaps on bifrost.app/swap by presenting lower slippage and better swap rates
https://twitter.com/BifrostFinance/status/1704073250735862131
📚 Docs: How stable swap works ?
🛠As pioneers in the #LST Space, we believe the ultimate goal in achieving interoperability is Chain Abstraction.
By integrating with other chains, Bifrost empowers #DeFi Applications, boosting capital efficiency.
✨Discover how we are shaping this future:
Part 1 Full Stack architecture
bifrost-finance/chain-abstraction-the-path-to-a-new-omni-chain-web3-architecture-7ada030d5020">Part 2 Chain Abstraction
Governance update 🔊
We released an OpenGov article that explains briefly the changes between Gov1 and OpenGov 👉🏼Medium article or Polkaverse article
Bifrost-Kusama
🔥 Ref: Round 6 vsToken(BNC) governance redemption > Ends in 9d
https://bifrost-kusama.subsquare.io/referenda/10
Distribute Ecosystem reserved BNC between Kusama and Polkadot
> Result 👍. https://bifrost-kusama.subsquare.io/referenda/13
😒 Discussion: SLP Validator Boost list Proposal - Merkletribe [Update]
https://bifrost-kusama.subsquare.io/posts/39
Bifrost-Polkadot
🔥 Referendum: LuckyFriday: Validator Boost Proposal > Ends in 19d
https://bifrost-polkadot.subsquare.io/democracy/referenda/66
External Gov - HydraDX/Interlay
#96 Mint vDOT directly from HydraDX using XCM
> Result 👍. https://hydradx.subsquare.io/council/motions/96
vDOT Vaults on Interlay
> Result 👍. https://interlay.subsquare.io/democracy/referenda/69
Polkadot proposals for community support:
🔥 Ref: Notifi - Communication & Notification Tooling for Polkadot's Broader Ecosystem V2 Proposal > Benefit for every parachain 👍 > Ends in 26d
https://polkadot.polkassembly.io/referenda/148
🔥 Ref: #140 Polkadot Parachain Assets Onramp Bounty Program -> Bifrost is one of the 20 parachains 👍 > To be resubmitted
🔥 Ref: #128 Allocate DOT Loan for Use Amongst X-Ecosystem DeFi within the Cosmos Ecosystem > Composable team bringing DOT use cases on Cosmos 👍 > End in 3d
https://polkadot.polkassembly.io/referenda/128 (Not passing)
😒Discussion: #1889 Polkadot Sponsorship @Token 2049, Singapore on September 13th - 14th 2023 -> Bifrost will be there 👍
https://polkadot.polkassembly.io/post/1889
#125 Nova Spektr Milestone 3 Proposal
Result 👍. https://polkadot.polkassembly.io/referenda/125
#120 Multix - Further development & Cypress Dapp testing plugin
Result 👍. https://polkadot.polkassembly.io/referenda/120 (Passing)
Give a vote whenever you can, governance is an important subject that shouldn't be under-estimated 🙏
Are you coming to #Token2049 in Singapore?
Join the Polkadot Event: we'll be there with +20 teams that are going to represent the Polkadot ecosystem and share the latest advancements in blockchain & Web3!
https://week.token2049.com/
🌈 Meet the Bifrost Team!
🗓 Tomorrow, 9am - 6pm @ Polkadot booths P69-P70.
Say Hello to the New Bifrost Mascot ! 🌈
Beautiful, isn't it?
It only has one problem: it lacks a name.
How would you call it? Comment below the tweet... 🧐
https://twitter.com/BifrostFinance/status/1699792540076331373
The Top 3 Most Voted Names will be chosen to join a X Poll that will determine the winner of 200 $BNC! 🏆🤯
🌈 Shiden x Bifrost Discord AMA
📆 The AMA is happening May 18th at 1pm UTC.
Learn about the Rainbow Boost program and how you can participate. 💸
There are 5 Rainbow boost airdrops, Shiden's airdrop will start on May 21- May 24.
Join Shiden's discord from the 🔗👇
https://discord.gg/Z3nC9U4
⏰Countdown 2 days!
✅ If you have participated in the first 5 Kusama Crowdloan or Karura $BNC Bootstrap, login your address at http://bifrost.app/dashboard/boost
💰 2000 raindrops are waiting for you to claim every round airdrop rewards!
🌈 Bifrost on-chain behavior incentive program Rainbow Boost has been launched successfully ! 🌈
1/ The Raindrop airdrops will be available for the first Kusama Crowdloan and Karura BNC Boostratp address participants to claim unconditionally on May 16th at https://bifrost.app/dashboard/boost 🔥
2/ This program is designed to target specific Bifrost on-chain behaviors to build Bifrost on-chain address loyalty and data base for on-chain identity (DID) 🤝
3/ Bifrost will join Karura, Moonriver, Shiden, and Khala parachains to reward the first term Raindrop holders with KAR, MOVR, SDN, PHA and BNC💰
Full details 👇🏻
https://bifrost-finance.medium.com/bifrost-launches-rainbow-boost-program-first-raindrop-airdrops-to-open-soon-912d438eca7f
✅ Kraken Launches BNC (Bifrost Native Token), Offers Trading and Deposit Services for North America Region.
On May 10, Crypto asset Euro trading leader Kraken went live with BNC, opening up BNC/USDT trading pairs and Deposit services.
Bifrost Native Token (BNC) is said to be the MainNet governance token in the Bifrost network with an initial total supply of 80,000,000. The goal of BNC distribution is to make the Bifrost network more decentralized, build market size for Staking derivatives vToken, and incentivize the Staking derivatives vToken's liquidity market.
Source: https://twitter.com/krakenfx/status/1524041164281810945